Noble : Sustainability Report 2024 (2024 Noble Sustainability Report FINAL)
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Published on 05/23/2025 at 11:16
2024
Sustainability Report
Table
of contents
4 24
Introduction Sustainable Energy Future
4 Letter from the CEO
6 2024 Highlights
8 Our sustainability framework
10 Our value chain approach to decarbonization
12 Sustainability statement
13
ESRS-2:
General Disclosures
26 You can't change what you don't measure: Energy Efficiency Insights
28 Preparing for the emerging offshore CCS market
30 Noble's deep dive into using green methanol in offshore operations
31 EnergyWise: Empowering rig crews to drive energy efficiency
32 E1: Climate change
37 E2: Pollution
40 E4: Biodiversity
43 E5: Resource use and circular economy
Introduction General Disclosures Sustainable Energy Future Caring for People Responsible Business Appendix 3
46 64 74
Caring for People
Appendix
48 Making safety second nature: Learning from Normal Work and Noble Peak
50 Noble's commitment to developing future subsea engineers
Empowering Guyanese talent and creating economic opportunities
Barrier Management 2.0: Strengthening governance in critical incident risk management across the fleet
S1: Own workforce
S2: Workers in the value chain
S3: Affected communities
S4: Consumers and end-users
66 Field trip to Noble drillship engages next-generation workforce
67 Collaborating to unlock collective and corporate opportunities
68 The Noble Code: Our foundation of ethics and integrity
70 G1: Business conduct
74 Environmental performance
75 Social performance
75 Economic and operational data
"The global demand for energy continues to grow. Amid ongoing geopolitical events, many nations seek energy security for economic development and population growth. Oil and gas will remain key components of the global energy mix as the
transition to a lower-carbon future moves forward."
- Robert Eifler CEO, Noble Corporation
Introduction General Disclosures Sustainable Energy Future Caring for People Responsible Business Appendix 5
Letter from the CEO
As global energy demand rises, oil and gas remain crucial for nations focused on energy security and economic growth. At Noble, we strive to support our customers to deliver safe and reliable energy while supporting their decarbonization efforts.
I am pleased to share our progress and achievements in this 2024 Sustainability Report, which covers metrics, strategic focus areas, and initiatives for our environmental, social, and governance performance.
For Noble, 2024 was a year of leaning in and valuing insights from our customers and stakeholders, which shaped our actions. At the same time, we remained focused on our sustainability framework consisting of our pillars: Sustainable Energy Future, Caring for People and Responsible Business. Our learnings are driving our short-, medium-, and long-term planning to advance these pillars.
A significant milestone in 2024 was our acquisition of Diamond Offshore. Our fleet is now unified under one umbrella, further enabling our continued growth.
Noble's dedication to a Sustainable Energy Future drives our goal to reduce carbon intensity by 20% by 2030 from a 2021 baseline. We have made great progress
so far and are assessing the impact of our expanded fleet on this target, while continuing our collaboration with customers and rig crews to find additional ways to reduce our rigs' carbon footprint. Programs like our Energy Efficiency Insights for rig crews and innovations in carbon capture and storage are proving to have great potential.
At Noble, our dedication to health and safety is paramount. In 2024, we launched the Potential Consequence Severity Index across our fleet to proactively address safety issues. The intent is to drive a proactive approach to safety, focusing on improving our safeguards offshore and expanding our capacity to carry out our operations safely.
People remain our most important asset, and programs like our global Subsea Training Program and scholarships for marine cadets in Guyana demonstrate our constant focus on caring for people. Continuing our century-long legacy, we aspire to being the First Choice for our employees.
By focusing on and investing in safe, reliable, and efficient operations, we secure our future and aim to become the First Choice OffshoreSM. I am grateful for the dedication of our employees, the support of our Board of Directors, the trust of our shareholders, and collaboration with our customers.
Thank you for taking the time to learn about Noble's sustainability framework and progress. We welcome your feedback to help us plan our future reporting.
Robert Eifler
President and Chief Executive Office
Disclaimer
Noble Corporation plc published this content on May 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 23, 2025 at 15:15 UTC.